Quick background on my situation — any input appreciated.
option pool shuffle diluting founders. I've been dealing with this for about 5 months now and the situation isn't improving.
I have already done some research online but got conflicting advice.
Has anyone been through something similar? What worked for you?
Just want to point out — the statute of limitations might be a factor here. In some states it's as short as 1-2 years. Don't sit on this too long.
Have you tried reaching out to your state's bar association? They sometimes have free resources or mediation services.
Make sure your operating agreement covers this scenario. Many template ones don't.
I went with Delaware for the legal protections. Worth considering even for small businesses.